The four-trade monthly minimum for FREE access will NOT apply to you

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Viewing 8 posts - 31 through 38 (of 38 total)
  • #37372

    Thanks Grahal 🙂 yes It’s my choice to go other ways now. Not saying that I will look here from time to time, and if things change I might consider using PRT once again.

    Some argument. I want to focus on manual trading, and hopeful be able to make some profit. Until now trading has cost me money, but it’s been fun learning to program and the trading it self. Until now I might be in a stage where I barely break even so spending even more on fees for a broker that just got even more greedy, I can do without. So yes the choice is MT4- Not liking it then, and not liking it now, but perhaps that the problem. I need to stop focus on the platform and starting to focus on the trading part 😉

    Cheers Kasper Elsborg.

     

     

    1 user thanked author for this post.
    #37927

    Just wanted to chip in/feedback I’ve not received any email from IG but this is not good to hear 🙁

    Have been running multiple ‘high frequency’ (half dozen or so trades/day) strategies for months and unfortunately/foolishly have lost a large portion of my capital (thankfully longer term trading elsewhere is balancing things out and have learnt lessons the hard way etc!) so I guess that is why they haven’t contacted me… yet… as I have slowed things down considerably and am only/will only be running one live strategy for the foreseeable future


    @Elsborgtrading
    – agree with @GraHal will be a real shame not to have you around here – have read many of your posts/like your logic etc. but also seen you’ve mentioned similar sentiments in other posts and understand it all adds up and there is only ‘so much’ can take before enough is enough and have definitely ‘been there too’ many many times

    I’ve also invested many hours into learning PRT and have come across many of the issues/limitations but have always kept it in mind to try and concentrate on working around these and making money (well I have already admitted I haven’t done too well on that front!) rather than bug fixing a platform – sorry Nicolas/PRT! 😉

    Also thought about getting into MT4 and learning yet another platform but this youtube vid I watched a year or so ago put me off

    https://www.youtube.com/watch?v=Sso__1EXHc0&list=PLnSelbHUB6GQ5XPIU6h_Fw1-tk2OJc9Nt&index=15

    Might want to watch a few more vids of the interview to get a better idea of how he talks about things and no doubt opposite opinions exist but it sounded about right to me and was enough to put me off investing the time/effort… (quite a few ‘gems’ of information/liked the one about the yachts/brokers are the only ones who get rich)

    (My last ditch efforts in autotrading are in perfecting the Coin Toss ‘strategy’ 😉 mentioned in the next part of the interview/I’ve also read about in other old forum posts elsewhere and this is one of my efforts – https://www.prorealcode.com/topic/coin-toss-code-issue/ – I was having some success with it but it definitely needs work…)

    Best of luck whatever path you choose! (and I might not be far behind you 😉

    1 user thanked author for this post.
    #37973

    Sorry to hear about your lossesMaxT !#  If you ever think of any nuggets to share with us all … lessons learned etc?  Maybe you or I should start a new Thread, title … Lessons Learnt! 🙂

    Thank you for the video link, I watched about 6 or 7 while eating my lunch … easy listening and the guy is likeable / genuine. Although in the first video, I thought … oh he repeats himself a lot, but I think he was just ‘getting into his stride’. I’ll watch the full series as they are only 2 mins to 5 mins max each. It’s good to refocus and hear from a professional (who is not out to con us!).

    GraHal

     

    1 user thanked author for this post.
    #40649

    Just to update – have received email from IG about this too yesterday…

    (GraHal – haha yeh cheers live n learn n all that but as per another post I’ve just made on here am getting a bit fedup with PRT and the autotrading issues in live environment let alone the other issues that I might be calling it a day soon and stick to manual short term trading/long term investing and make that money back hopefully! re: those vids – one of the other guys on there – not that one in the link I sent – was flagged up as a scammer apparently – some bloke on a pensions website slating him something rotten for misleading folk about investments or something – all personal opinion I guess but yeh be careful out there what you take on board eh! 😉 cheers)

    #40651

    Just spoken with IG about why I was sent the email as I am trading live and was told the 4 trade minimum has been removed now and they are only assessing on live trade size/activity in order to keep PRT free – also as I suspected they are unable to confirm what the trade size/activity needs to be in order to qualify (!)

    Can’t really say I like that approach why not just be clear… one rule for some and another for others?

    #42241

    Hello guys,

    i’ve not still received the email by IG, but at this point i’m expecting it since i mainly trade mini contract, i suppose that this matter for them.

    The problem should be managed by PRT itself in my opinion, since they advertise also this on their website, in my case i’ve choose IG just because was the one sponsored in PRT site, talked with PRT accountant about the advantege to use PRT with IG and if IG switch their agreement with PRT this has to be solved by PRT and not by us, just my opinion.

    #44192

    I received such a mail but only for my demo account. I wasn’t using it, only my live-account. When I got this email i simply started 2-3 strategies on the demo account that will trade now and then – problem solved. I never heard from IG again in that matter.

    On a live account how do you get this problem? I mean 4 trades per month is very little. If it was 4 per day I  could understand the complains but per month? You can hardly trade less and still say you are trading at all. 🙂

    #63663

    I can confirm that the 4 trade does not apply, in my real account the PRT was disabled until i pay the PRT for at least 3 months, after that they will evaluate again my position. I’ve done far more that 4 trade at month, but on Mini contract, so i suppose that they don’t apply the rules on Mini contract, but they does not provided any clue about their vision of minimun trade.

Viewing 8 posts - 31 through 38 (of 38 total)

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